Techmeme
March 1, 2023, 10:40 PM

Top News

Kyle Wiggers / TechCrunch:
OpenAI launches a ChatGPT API for businesses, with dedicated capacity plans, priced at $0.002/~750 words, and says Snap and Shopify are among the early adopters  —  To call ChatGPT, the free text-generating AI developed by San Francisco-based startup OpenAI, a hit is a massive understatement.
Kyle Wiggers / TechCrunch:
Following criticism, OpenAI says the company won't use data submitted via its API for “service improvements” like AI model training, unless a customer opts in  —  As the ChatGPT and Whisper APIs launch this morning, OpenAI is changing the terms of its API developer policy …
David Shepardson / Reuters:
The US House Foreign Affairs Committee votes 24 to 16 to advance a bill that would enable President Biden to ban TikTok and other apps considered security risks  —  The U.S. House Foreign Affairs Committee voted on Wednesday to give President Joe Biden the power to ban Chinese-owned social media app TikTok and other apps.
CoinDesk:
Filing: crypto-friendly bank Silvergate delays its annual report and cites investigations from regulators, Congress, and the US DOJ; its stock plunges 30%+  —  Shares fell over 10% in after-hours trading.  —  Christy Goldsmith Romero … Commissioner  —  U.S. Commodity Futures Trading Commission
Jess Weatherbed / The Verge:
In a letter, YouTube head Neal Mohan outlines his key priorities and teases upcoming features, such as new generative AI tools for creators and Shorts additions  —  Neal Mohan, the new head of YouTube, outlined his key priorities and teased some upcoming features for the media platform …
Chloe Xiang / VICE:
OpenAI, founded as a nonprofit to “focus on a positive human impact”, now operates as a closed-source, for-profit company at the center of a chatbot arms race  —  OpenAI is today unrecognizable, with multi-billion-dollar deals and corporate partnerships.  Will it seek to own its shiny AI future?
Benj Edwards / Ars Technica:
Microsoft researchers unveil Kosmos-1, a multimodal LLM they claim can understand image content, pass visual IQ tests, and accepts a variety of input formats  —  Microsoft believes a multimodal approach paves the way for human-level AI.  —  On Monday, researchers from Microsoft introduced Kosmos-1 …
Aisha Malik / TechCrunch:
TikTok introduces new well-being features, including improving screen time controls, adding new default settings for teens, and expanding Family Pairing  —  TikTok announced today that it's introducing new well-being features for teens, families and its broader community.
James Vincent / The Verge:
Twitter users globally reported multiple site issues for over two hours, including the timeline not loading on the web and mobile; most users could still tweet  —  Twitter was having difficulties this morning, with users reporting that the site's timelines were inaccessible.
Reuters:
Salesforce reports Q4 revenue up 14% YoY to $8.38B, vs. $7.99B est., Q1 revenue guidance above est., and a share buyback program boost to $20B; CRM jumps 15%+  —  Salesforce Inc (CRM.N) on Wednesday forecast first-quarter revenue above Wall Street estimates as pandemic-induced migration …
Bloomberg:
Analysis: at least eight companies that went public via SPACs filed for bankruptcy since June 2022, almost 100 are spending unsustainably, and 73 trade below $1  —  It took only 10 months for Quanergy Systems Inc., a maker of high-tech sensors and software, to go from its stock market debut to filing for bankruptcy.
Shaurya Malwa / CoinDesk:
After a lengthy, unexplained outage over the weekend due to a network update, Solana Labs plans to improve its upgrade process to ensure reliability and uptime  —  Solana co-founder said last week's 1.14 network update has raised concerns about maintaining stability during major updates.
Bloomberg:
How Commerce Department Secretary Gina Raimondo became a key player in the US' stricter China policy, including helping steer the CHIPS Act, exports, and TikTok  —  Gina Raimondo is the first to admit that she often can't see the line between work and play—or even work and pray.
Martin Smolár / WeLiveSecurity:
Researchers detail UEFI bootkit BlackLotus, capable of bypassing UEFI Secure Boot even on up-to-date Windows 11 systems and selling for $5K since October 2022  —  The first in-the-wild UEFI bootkit bypassing UEFI Secure Boot on fully updated UEFI systems is now a reality
John Koetsier / Forbes:
Apptopia: so far in 2023, TikTok has generated $205M more in IAP revenue than Facebook, Instagram, Snapchat, and Twitter combined  —  Big social networks are pulling a massive revenue U-turn since Apple's introduction of App Tracking Transparency.  The user privacy feature …
Katrina Manson / Bloomberg:
A look at Russia's cyberattack on Viasat's KA-SAT network in February 2022, leading some countries to debate how to improve satellite security for the long term  —  Andreas Wickberg loves snowmobiling to the house he built in the icy reaches of Lapland, north of the Arctic Circle.
Zac Bowden / Windows Central:
Microsoft's Windows 11 announcement of adding the new Bing “directly into the taskbar” is wildly misleading since using Bing Chat still requires opening Edge  —  What the hell, Microsoft?  —  Yesterday, Microsoft made a big hubbub about a new Windows 11 update that allegedly puts AI …

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